3 Bed Semi-Detached House, Refurb/BRRR, Harrow, HA3 7AW, £600,000

Spencer Road, Harrow, HA3 7AW - a month ago

Refurb/BRRR
~124 m²
+5 photos

ValuationUndervalued

Sold Prices£260K - £635K
Sold Prices/m²£3.5K/m² - £7.6K/m²

 

 

Square Metres

~123.56 m²
Price/m²£4.9K/m²

Value Estimate

£618,000
BMV3%

 

 

End Value (After Refurb)

£629,619

Uplift in Value

+5%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£150,000

Stamp Duty & Legal Fees

£51,200

Refurb Costs

£65,367

Bridging Loan Interest

£15,750

Total Cash In

£284,067

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£629,619

Mortgage (After Refinance)

£472,214

Mortgage LTV

75%

Cash Released

£22,214

Cash Left In

£261,853

Equity

£157,405

Rent Range

£1,700 - £3,000

Rent Estimate

£2,309

Running Costs/mo

£2,449

Cashflow/mo

£-140

Cashflow/yr

£-1,684

Gross Yield

5%

Local Sold Prices

50 sold prices from £260K to £635K, average is £494.3K. £3.5K/m² to £7.6K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£560K07/230.05 mi57, Risingholme Road, Harrow, Greater London HA3 7EP3
£450K10/200.05 mi41, Risingholme Road, Harrow, Greater London HA3 7EP3
£465K02/210.05 mi49, Risingholme Road, Harrow, Greater London HA3 7EP3
£505K02/210.05 mi61, Risingholme Road, Harrow, Greater London HA3 7EP3
£470K05/230.06 mi20, Risingholme Road, Harrow, Greater London HA3 7ER3
£487K11/220.06 mi34, Risingholme Road, Harrow, Greater London HA3 7ER3
£530K07/210.09 mi92, Spencer Road, Harrow, Greater London HA3 7AR3
£432.5K12/200.09 mi210, High Road, Harrow, Greater London HA3 7BA3
£535K12/220.11 mi16, The Greenway, Wealdstone, Harrow, Greater London HA3 7EL3
£425K10/200.13 mi50, The Broadway, Wealdstone, Harrow, Greater London HA3 7EH3
£475K11/230.16 mi25a, Spencer Road, Harrow, Greater London HA3 7AN3
£570K02/210.17 mi15, Park Rise, Harrow, Greater London HA3 6EP3
£605K06/210.18 mi41, Spencer Road, Harrow, Greater London HA3 7AN3
£526K04/210.19 mi41, Park Crescent, Harrow, Greater London HA3 6ER3
£457K11/200.21 mi3, Harkett Close, Harrow, Greater London HA3 7EY3
£260K03/230.21 mi28, Montrose Road, Harrow, Greater London HA3 7DU3
£535K06/210.22 mi15, Farmstead Road, Harrow, Greater London HA3 5HQ3
£472K04/210.22 mi11, Church Lane, Harrow, Greater London HA3 7EB3
£493.5K12/200.23 mi86, Warham Road, Harrow, Greater London HA3 7HZ3
£505K10/200.23 mi47, Whitefriars Avenue, Harrow, Greater London HA3 5RQ3
£490K06/210.23 mi1, Barchester Road, Harrow, Greater London HA3 5HH3
£525K12/200.23 mi31, Barchester Road, Harrow, Greater London HA3 5HH3
£500K04/210.25 mi50, Lorne Road, Harrow, Greater London HA3 7NJ3
£500K03/230.26 mi277, Byron Road, Wealdstone, Harrow, Greater London HA3 7TE3
£508K01/210.26 mi283, Byron Road, Wealdstone, Harrow, Greater London HA3 7TE3
£430K04/210.26 mi33, Locket Road, Wealdstone, Harrow, Greater London HA3 7ND3
£490K04/210.27 mi45, College Avenue, Harrow, Greater London HA3 6EZ3
£427.5K02/210.27 mi51, Toorack Road, Harrow, Greater London HA3 5HR3
£510K06/210.27 mi61, Bishop Ken Road, Harrow, Greater London HA3 7HU3
£465K08/210.28 mi38, Graham Road, Wealdstone, Harrow, Greater London HA3 5RF3
£585K03/230.28 mi26, Adderley Road, Harrow, Greater London HA3 7HT3
£635K03/230.29 mi71, Park Crescent, Harrow, Greater London HA3 6EU3
£525K04/230.29 mi35, Adderley Road, Harrow, Greater London HA3 7HS3
£313K05/210.29 mi35a, Locket Road, Harrow, Greater London HA3 7NQ3
£560K03/230.3 mi26, Bengarth Drive, Harrow, Greater London HA3 5HZ3
£495K06/210.3 mi39, Wolseley Road, Harrow, Greater London HA3 5RU3
£495K06/210.3 mi39, Wolseley Road, Harrow, Greater London HA3 5RU3
£542K09/230.31 mi61, Sefton Avenue, Harrow, Greater London HA3 5JP3
£488K06/210.32 mi90, Park Crescent, Harrow, Greater London HA3 6ET3
£540K10/210.32 mi112, Park Crescent, Harrow, Greater London HA3 6ET3
£540K01/230.32 mi56, The Avenue, Harrow, Greater London HA3 7DD3
£485K04/210.32 mi75, Bishop Ken Road, Harrow, Greater London HA3 7HP3
£476K03/210.32 mi69, College Hill Road, Harrow, Greater London HA3 7BT3
£556K01/210.32 mi34, College Hill Road, Harrow, Greater London HA3 7HE3
£460K04/210.33 mi77, Athelstone Road, Harrow, Greater London HA3 5NY3
£458K03/210.33 mi45, Wellington Road, Harrow, Greater London HA3 5SD3
£417K06/210.34 mi70, Graham Road, Harrow, Greater London HA3 5RG3
£490K12/200.34 mi22, Hibbert Road, Wealdstone, Harrow, Greater London HA3 7JS3
£490K12/200.34 mi22, Hibbert Road, Wealdstone, Harrow, Greater London HA3 7JS3
£545K06/210.34 mi48, Hibbert Road, Wealdstone, Harrow, Greater London HA3 7JS3

Local Rents

28 rents from £1.7K/mo to £3K/mo, average is £2.3K/mo.

RentDateDistanceAddressBeds 
£2,25003/240 miSpencer Road, Harrow3
£2,60012/240.15 mi-3
£2,25003/250.2 mi-3
£2,00004/240.21 miWhitefriars Avenue, Harrow3
£3,00004/240.22 miFarmstead Road, Harrow3
£1,85004/240.23 mi-3
£2,75004/240.23 miPark Crescent, HA33
£2,30012/240.32 mi-3
£2,45003/250.35 mi-3
£2,30012/240.35 mi-3
£2,00002/240.35 miCollege Road, Harrow Weald3
£2,45004/240.37 mi-3
£2,05004/240.37 miLorne Road, Harrow, Greater London, HA33
£2,40004/240.38 miWickham Road, Harrow, Middlesex HA33
£2,20003/250.4 mi-3
£2,50003/250.45 mi-3
£2,10001/240.5 miWindsor Road, Harrow3
£1,70002/240.5 miCollege Hill Road, Harrow3
£2,30002/230.54 miHampden Road, Harrow Weald3
£2,95004/240.55 miEarl Crescent, HA13
£2,95004/240.55 miHarrow, HA13
£2,10004/240.56 miSancroft Road Harrow HA33
£1,90004/240.56 mi-3
£2,30002/250.57 mi-3
£2,40002/250.57 mi-3
£2,00004/240.57 miLong Elmes, Harrow Weald, Middlesex HA33
£2,30012/240.61 mi-3
£2,30004/240.61 miWoodcroft Avenue, Stanmore, HA73

Local Area Statistics

Population in HA3

70,809

Population in Harrow

164,559

Town centre distance

1.01 miles away

Nearest school

0.10 miles away

Nearest train station

0.62 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Listed for £600,000

March 12, 2025

Floor Plans

Description

  • Three bedroom semi detached house +
  • Garage to the side +
  • Potential to extend (STPP) +
  • Large rear garden +
  • Downstairs W.C +
  • Modernisation required +
  • Close to schools +
  • Close to Harrow and Wealdstone Station (Bakerloo Line and Overground) +

A LARGER THAN AVERAGE THREE BEDROOM SEMI DETACHED HOUSE WITH GARAGE located on this popular residential road conveniently placed for access to Harrow and Wealdstone Station (Bakerloo line and Overground including fast trains to Euston from 13 minutes), local Outstanding rated schools and amenities. The property is offered to the market in need of modernising and offers plenty of scope to extend (STPP). Chain free. 

On the ground floor there is a large south facing reception room with dual aspect windows and a tiled fireplace, a second reception reception room with access out to the rear garden, there is a galley kitchen leading out to a small extension perfect for dining and a downstairs guest W.C. 

Off of the large landing on the first floor is a good sized master bedroom, a second double bedroom with fitted wardrobes, a large third single bedroom, a family shower room and a separate W.C. 

Sacred Heart Language College - Ofsted ' Outstanding'
Salvartorian Roman Catholic College - Ofsted 'Good'
Whitefriars School - Ofsted 'Good'
Belmont School - Ofsted 'Good'
Marlborough Primary School - Ofsted 'Good'
Weald Rise Primary School - Ofsted 'Good'
Alpha Prep - Independent School
St Jerome Church of England - Ofsted 'Good'
Kingsley High School - Ofsted 'Ouststanding'
Cedars Manor - Ofsted 'Good'

*Please note Ofsted ratings are subject to change* 

Harrow and Wealdstone Station - Overground and fast trains to Euston from 13 minutes and Bakerloo line

258 Bus Route - South Harrow/Watford
140 Bus Route - Harrow Weald/Hayes
182 Bus Route - Brent Cross/Harrow Weald
340 Bus Route - Edgware/Harrow

Agent Details

Hinton Residential, Harrow Weald

020 3835 3424

Next Steps?

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